Airline Drive strip center sells for for than $2.5 million

Marcus & Millichap (NYSE: MMI), a leading  commercial real estate brokerage firm specializing in investment sales, financing, research and  advisory services, announced today the sale of Viniso Plaza, a ten-suite, 19,250-square-foot retail  shopping center, says Chris Shaheen, Louisiana broker of record. The property is located at 4128  Airline Dr, Bossier City, Louisiana 71111.  

“Our team was able to run a successful marketing campaign on behalf of our seller client,  which in turn generated multiple offers during an increasing interest rate environment,” says  Brian Sy, associate.  

Viniso Plaza is a unique property, located in the Shreveport-Bossier submarket, it offers  access to popular regional and national tenants including Domino’s, Nestle Tollhouse, Keith Beasley Insurance, Gabe’s Fine Jewelers, VIP Spa & Nail Salon, and more. This retail hub is  100% occupied, offers quick access to I-220, and sits strategically in a primary retail corridor  that is home to Target, Sam’s Club, Best Buy, Ross, Walmart, Lowe’s, and Home Depot among  others.  

“Deals are still getting done when properties are priced appropriately. Currently, managing a  seller’s expectations is proving to be key as the commercial real estate market faces economic  headwinds,” says Nick Binder, associate. Assisting Sy and Binder on this deal was Mark Taylor,  senior managing director investments.  

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